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Jan 19, 2013
01/13
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FOXNEWSW
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that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >> good morning, everyone, we're live in
that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not...
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Jan 13, 2013
01/13
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FOXNEWSW
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we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up the line for that star runningback to get through. i understand the simplified tax rate form. but it is focusing on small businesses and giving them the opportunity with trained, skilled workforce, not that much reg iewdle, to burst through the line. that's where the focus should be. >> eric: matt, last word? >> you gotta do something. here's -- once again, when a pre
we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we...
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Jan 21, 2013
01/13
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MSNBC
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. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we would have budgeted in washington or college. maybe they won't present one, maybe they will. they have to at some point. the continuing operations of the government that bill expires in march. we have to do something. the big one is the debt limit. do we lift the debt limit so you can continue to borrow more money to fund the government? republicans are coming to the conclusion that they'll figure out a way to do that. even that's not a given. republicans have had it with spending. they feel they're going to use these leverage points, even ones that really could have, i think, a catastrophic effect on the economy. th
. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we...
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Jan 15, 2013
01/13
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MSNBCW
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basically creates a refundable tax credit for a gun owner who turns in their fire arm to state poli police. >> who are this is people? how could they be so insensitive to not understand the weight of what they're doing and target practice, so starting at age 4, and shooting at coffins, do they not understand what happened in sandy hook? what happens in our cities all over this nation with youngsters dies through this gun violent? >> i think the membership should rise up against a leadership that's so out of touch. >> one thing that has come forward is the anticipation of these 19 suggestions that's come forth, that he could take action on right away. one of your colleagues, said i will seek to thwart of action by any means necessary. when you hear about how obstinate people on the right already are for the potential of any type of executive order, what is your rye action to hearing how people wo throw out the word "impeachment"? >> it's always good to know what's being proposed before you react to it. i think my colleague needs to take a step back, see what the proposals are, and then you
basically creates a refundable tax credit for a gun owner who turns in their fire arm to state poli police. >> who are this is people? how could they be so insensitive to not understand the weight of what they're doing and target practice, so starting at age 4, and shooting at coffins, do they not understand what happened in sandy hook? what happens in our cities all over this nation with youngsters dies through this gun violent? >> i think the membership should rise up against a...
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Jan 14, 2013
01/13
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CNBC
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the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily because when you look at consumer credit and disposable income, they increase one to one. we had an increase in consumer credit, away from the trend. you have an increase in disposable nexincome. it may not be a lot, but that could have a nonlinear effect on the area. when i look back at the valuation of it, xly or the underlying index is trading at the high end of its valuation on a p.e. and price to book ration owe is the word i was looking for. it a tough word. >> yeah. >> r-a-t-i-o. >> yes. >> i but curious about this, because it doesn't sound like a lot, but the tax policy center says that's $18 to $20
the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily...
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Jan 16, 2013
01/13
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MSNBCW
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at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's daughters in a new ad. k.j.l. tweets yes, this new ad is disgusting. you can be a member, want to protect second amendment rights and say no to assault weapons. from patricia, does the nra understand the magnitude of the potus' daughters being a member of the first family and what that entails? from rusty, absolutely. family members should always be off limits. we encourage you to keep the comments coming in to us on twitter or facebook. also, how does the white house now respond to the nra ad? we'll have a live report from the white house next. [ male announcer ] there are only so many foods that make kids happy. an
at the end of the day, it doesn't really change the status of washingtonians who feel they are taxed without being represented in d.c. but symbolically, something that washingtonians were looking for and he's delivering on that, made some people happy yesterday. >> carrie, great to see you. thank you. >> thanks, thomas. >>> as we await the president's announcement on gun control proposals, we asked and you answered, did the nra go too far by focusing on president obama's...
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Jan 16, 2013
01/13
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MSNBCW
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obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says common sense can win. and good people can win. and you can actually get government to work and get good things to happen. you can overpower the extremists with intelligence and with reason and with common sense. >> the nra immediately released this statement. these gun control schemes have failed in the past and will have no impact on public safety and crime, sadly, the new york legislature gave no consideration to that reality while lawmakers could have taken a step towards strengthening mental health reporting. instead, they opted for stopping the rights of gun ownerins and they did it under a veil of sec
obama demands the wealthy pay their fair share of taxes, but he is just another elitest hypocrite when it comes to protection for their kids. >> the nra suffered a big loss in new york today with governor andrew cuomo signing into law the toughest gun control legislation in the country, strengthening the state's existing assault weapons ban. >> going to put rules in place that actually protect innocent people in society. that is what the state of new york is doing today. and it says...
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Jan 18, 2013
01/13
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KTVU
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moore says the last straw was when the city council vetted against putting a tax on last november's ballot to help the police department's finances. chief moore said if he decided he didn't have the support of city leaders it was time for him to go. san jose has not decided on a permanent replacement for him. >>> story of an attempted kidnapping in san jose is thousand being called a lie. the child's mother confessed to making up the story. coming up at 4:45 what is expected to happen next in the case and reaction from the community. >>> the local cycling community is split on whether to believe lance armstrong's apology for using performance enhancing drugs. >> i made my decisions. they are my case. i'm sitting here today to acknowledge that and to say i'm sorry for that. >> armstrong's long awaited interview with oprah winfrey aired last night. after denying doping allegations for years he confessed to taking banned substances to win seven tour de france titles. some local cyclists watching the interview request questioned the motives. >> we race clean, we race fair because we love to do
moore says the last straw was when the city council vetted against putting a tax on last november's ballot to help the police department's finances. chief moore said if he decided he didn't have the support of city leaders it was time for him to go. san jose has not decided on a permanent replacement for him. >>> story of an attempted kidnapping in san jose is thousand being called a lie. the child's mother confessed to making up the story. coming up at 4:45 what is expected to happen...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 18, 2013
01/13
by
FBC
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replace payroll tax with the consumption tax, because, the payroll tax is what is killing jobs. neil: you know low that goes. once you get a tax going it goes up and up. >> that relates to other side, social chunks is insurance is s there are no trust funds just confetti paper we'll have to lefto taxpayers some day, social insurance is a huge myth. i would means fest it, cuts by a couple00 billion, i would reduce the number of people who are av and reduce that number. we're broke. when you hear -- >> how do you tell people that i've paid 40 years into social security. >> all be -- everyone who is taking it right now after 30 years dnot pay for what they are getting, the payroll tax of never close to what would fund on an -- >> what do you get, it takes three years for you to get everything back. >> 3 or 4, so i'm saying, if we get rid of socia sober social is insurance,defense, go back to ice ep loweeisenhower minimum we could revert back. republicans don't want to touch that, democrats don't want to touch it. hero are. >> and then have you obama saying we need 100 billion of gr
replace payroll tax with the consumption tax, because, the payroll tax is what is killing jobs. neil: you know low that goes. once you get a tax going it goes up and up. >> that relates to other side, social chunks is insurance is s there are no trust funds just confetti paper we'll have to lefto taxpayers some day, social insurance is a huge myth. i would means fest it, cuts by a couple00 billion, i would reduce the number of people who are av and reduce that number. we're broke. when...
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Jan 18, 2013
01/13
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MSNBCW
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public and the message of the public, we have had poll after poll siding with the president from a tax increase on those making over $250,000 to kind of stricter gun legislation. the polls show that most people are siding with him. but yet, to your point, you still see pure rejection from republicans in the house who know their constituents will still vote with them and they can hold up the process. >> national consensus for compromise and in the -- >> breaking it down to nuggets, absolutely. >> you had a poll on nbc news and the republican brand so tarnished, like the worst in history or worst it's ever been recorded. 49% have an unfavorable view of the republican party and that hasn't changed them or change the behavior. what do you do when people aren't paying attention? >> sadly, you add dot-dot-dot. i don't know what the solution would be for that. lynn, thank you. great pleasure. keith, zachary, see you at the inauguration. heading out to the big show on sunday. we are also following another developing story. former new orleans mayor ray nagin, this is breaking news, indicted on
public and the message of the public, we have had poll after poll siding with the president from a tax increase on those making over $250,000 to kind of stricter gun legislation. the polls show that most people are siding with him. but yet, to your point, you still see pure rejection from republicans in the house who know their constituents will still vote with them and they can hold up the process. >> national consensus for compromise and in the -- >> breaking it down to nuggets,...
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Jan 18, 2013
01/13
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CURRENT
tv
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that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i would agree with that. i would also disagree with part of it, because it has been shown that enough people do care about that wealth and equality because he did win as a not terribly popular president in a reelection. but one of the other things is the who issue of guns. i don't remember and i don't have the breadth of knowledge that you do but i don't seem to remember a -- an issue like what he is having to do now or has chosen to do now with guns being sort of gifted to him -- or to a president at the beginning of a second term. that gives him a bit of momentum that i don't remember -- momentum going into the second term that few presidents have had. >> i think that is exactly right. very few presidents have had good momentum going into the second term. we saw it even with franklin roosevelt and other presidents as we know have stumbled through the first couple of years o
that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i would agree with that. i would also disagree with part of it, because it has been shown that enough people do care about that wealth and equality because he did win as a not terribly popular president in a reelection. but one of the other things is the who issue of guns. i...
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Jan 18, 2013
01/13
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CSPAN2
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 19, 2013
01/13
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KGO
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. >> reporter: has been charged with more than 100 counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in october looking for answers. >> hello. is anybody home? you don't want to talk about the allegations? did you do it? >> no comment. >> did you run a prostitution ring? >> you know what, i will pick up the phone, and i will call the police. >> reporter: it is a scandal that has ripped apart a small town and destroyed lives and reputations. at the center of it, the woman who has yet to tell her story, alexis wright, who has everyone talking. as for mark strong sr., he says he will spend the rest of his life apologizing to his wife. >> i'm sorry for any dishonesty, for the intimate relationship that i had with alexis wright. >> repo
. >> reporter: has been charged with more than 100 counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in...
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Jan 18, 2013
01/13
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CURRENT
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of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if you talk about actually seeing to it that happenky dapped children -- handicapped children can be hope with their families, suddenly there's no money for that. >> john: last week in response to crittism is from you and children, florida launched a so-called enhanced care program which would enlist 28 nurse care coordinators to would, with the families and the nursing homes treating the disabled children. is this close to adequate? 28 people for the whole state of florida? >> no, of course not. we have 20 million people in the state of florida. we have tens of thousands, hundreds
of course, scott gave a 1.6 million tax subsidy to colt manufacturing in 2011. is there any logic behind this? >> well, the logic i think is that of they believe the only problem this country has is the millionaires and billionaires don't have enough money. and if we keep stuffing money into their pockets somehow everything will come up roses. that's been their plan from the start. they're pretty explicit about it. no form of corporate welfare that governor scott has been against but if...
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Jan 19, 2013
01/13
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FBC
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in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway. and then the other attractive feature, it means their employees would no longer being paying individual income tax and that's very important to them in terms of attracting talent to their company and to our state. melissa: one place where i think you might have have a problem you say youwant to create jobs in your state but you boast an incredible unemployment rate, 3.7%. i mean, i wasn't even sure that was possible any longer. it is supposed to create inflation when your unemployment rate is below 4%. you don't want to drive th
in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway....
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43
Jan 15, 2013
01/13
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FBC
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more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he inherited. melissa: that is fine. everyone is at fault. everyone contributed to to this we are in dire straits. we are broke. everyone is at fault. no one is fixing it. >> well, and he is trying to fix it. that is why $4 trillion total reduction if they get to that number, will stablize it and we'll be able to start making invests to see our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving t
more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he...
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Jan 20, 2013
01/13
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FOXNEWSW
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you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so, look,er erhe's going to put them in their place and demonize them and sigma advertise them. >> we are going to see-- they're looking for a look on the radio, the president of the united states like a left wing talk show host. we're in the midst of a revolution and it's a take no prisoners revolution. when he talks about the elderly talking about obamacare and medicare, and talk about not caring whether important enough to eat, that's food stamps, as jason sucked he suggested he's looking for a way to transfer the wealth, not from just from the wealthy, but down to-- >> he's popular, personal approval rating
you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so,...
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Jan 14, 2013
01/13
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CSPAN
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 16, 2013
01/13
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FBC
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not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself in office. if you look back to after he lost and you think was rebuked fairly strongly in the 2010 midterm elections, he came back and gave a state of the union, a couple months later and said, just as susan did, we need to save more because we need more money for investments of the this is the way the president governor earns. he is a tax-and-spend liberal of the old school and i think it's, entirely clear that he could ask for moreaxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, is is going to be balanced ap
not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself...
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Jan 14, 2013
01/13
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FOXNEWSW
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
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Jan 13, 2013
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we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we had to endure makes the tax code more complex. for the sake of simplicity don't you want. >> i want a flat income tax and that makes it simple and fair and everyone to pay the porportion of their income in taxes that gives them the same amount of sn in the game and that would slow down government spending, wow, i am going to taxed for a new program. >> steve will not give you an argument on the flat tax, but the beauty of what is happening in the state level in this country, for all of the messiness that we have in the state level they are getting their act togethe
we are talking about a sales tax and it is alled the fair tax. what it means, yes, it could start at 15 percent x. rick unger makes a good point. states have their own sales tax system . it would make a competitive health care market. here is the problem, the senior lobby would lobby hard against it because seniors paid the income taxes and when they spend income in sales tax, they would be upset about it. >> michael, just for the sake of simplicity alone. the last tax increase that we...
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Jan 17, 2013
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for senator hagel's side. if he says the wrong thing, he could lose his position in the community. it is astonishing to me that people have been so wrong from day one. the people have been wrong. iraq is a disaster with trillions of dollars. afghanistan is a disaster. we do not know what is going on. in syria, the christians are terrified. chuck hagel is reasonable. what did he say that has so destructive -- disrupted it all? he said the jewish lobby intimidate people. to people knowledgeable and aware, this is not an issue. host: this is someone from the republican line. this is slowly an
host: another view is that the tax on senator hagel are really a tax on president obama. john is joining us on the democrats' line from pennsylvania. are you with us? caller: i certainly am. my town is located outside of philadelphia. [indiscernible] it is close to philadelphia. thank you for permitting me to speak. thanks for c-span. this issue is fraught with a lot of anxiety. it is an explosive issue. this is bringing the lobby from behind the curtain. mr. clemons is a good spokesman for...
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Jan 15, 2013
01/13
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citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock is up 2%. >> this one was sold too far down. i can't believe that he actually bothered to downgrade them when the stock was half of whether where it is was. i like the deutsch call. unless we have a lot of trouble with our economy here, judge, which i don't think we're going to have, i think this continues to work and works back into the mid-40s by the end of this quarter. >> talk to me, weiss, about some airlines. they have been doing incredibly well. lately here is ual and lcc. >> they were early in upgrading the airlines and the airlines used to be like drinking beer. you rented it. you didn't own
citing new tax hikes on the rich as a downside catalyst. >> i think it's absolutely ridiculous. what american express has done in the last two days, cost management. focus on what they are doing there in terms of what the earnings are and expectation that the high-end consumer is going to be affected by what is going on here in terms of fiscal policy. it's misguided. stay with american he cexpress. >> that's talk about cliffs natural. a downgrade. dr. j, make sense of it. the stock...
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Jan 20, 2013
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without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government meanss tomor "fox & friends."nt meanss tomor >> tune in for the after the show show. >> brenda: the people have spoken. 83% of americans calling government spending out of control. so, what do some democratic lawmakers want to do? get rid of the nation's debt limits. they say it's keeping the economy down but won't getting rid of it just push the economy down even more? hi, everyone, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, gary
without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do...
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Jan 15, 2013
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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Jan 15, 2013
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and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the discretionary spending that they would have to cut under these circumstances. so there wouldn't ever be, many republicans insist they wouldn't ever be a realistic prospect of default in this. and that is why the president uses the word "obligations," instead of the word debt because they may just agree with them that there wouldn't actually be a debt default. >> it is unclear, we literally don't know what would happen because it never happened before. so a legal authority is not all obvious. so there is a question, for the treasury department, to decide if we pay off the bond ho
and many thought president obama wanted to go over in order to raise taxes. to do the same thing over the debt ceiling and get full blame for it, it could genuinely destroy the republican party, of course while destroying the economy. >> there is that little problem, for republicans. so what about this point, ezra, that the president, the federal government could easily meet its obligations on actual debt payments through bonds and that sort of thing. but it would be the spending, the...
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Jan 16, 2013
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later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing backg
later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected,...
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Jan 18, 2013
01/13
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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Jan 15, 2013
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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Jan 20, 2013
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that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? your wallet? guess again, the this is $100,000. your wallet? guess again, the we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takesore money than a stranger, you need an ally. ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ ale announcer ] just like you, business pro. just like you. go naonal. go like a pro. address is on the steps on monday. i'm jamie colby. back to bulls and bears right now. >> brenda: so, first the price spikes and now the price hikes. chipotle warning of higher menu prices because of higher food costs. a
that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? your wallet? guess again, the this is $100,000. your wallet? guess again, the we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takesore money than a stranger, you need an ally. ally bank. your money needs an ally. executor of...
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Jan 15, 2013
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he got americans to--wealthy americans to pay more in taxes. not the specific $250,000, quarter of a million. >> when we came to the so-called fiscal cliff there was a question that the american people had to resolve or the politicians did between the clinton-era tax rates where we had great prosperity and the bush-era tax rate where we didn't have that prosperity. for some reason we chose to go with the bush-era tax rates for 99% of americans. that makes no sense. >> but again-- >> and boehner is saying now he's literally i got 99% of what i want. do you have confidence he's not going to get anything in the next round? >> i have confidence in the president by separating this out got what he wanted. separating this whole debt ceiling out was his strategy--i don't think you'll hear john boehner say he got 99% of what he wanted. >> cenk: the ending of the negotiations. but whether they're going to negotiate or not i think the president will say i'm not going to negotiate over the debt ceiling, but the sequester is happening at the same time and i
he got americans to--wealthy americans to pay more in taxes. not the specific $250,000, quarter of a million. >> when we came to the so-called fiscal cliff there was a question that the american people had to resolve or the politicians did between the clinton-era tax rates where we had great prosperity and the bush-era tax rate where we didn't have that prosperity. for some reason we chose to go with the bush-era tax rates for 99% of americans. that makes no sense. >> but again--...
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it's in the past decade and in two thousand and eight paid taxes had a rate. waiting for it. one person that i was i was i. was. kind of the kind i was immaculate nearly guided me occupied i think i was i. wasn't yet kind of the one percent at eighty one but that about is the twenty five years of the nothing but grief. we've been working people. seem to hit the button this is probably a good thing that we could put up with. that at night but not unless i thought of the things we would be like to thank you thank you thank you. thank. you thousands thousand. thousand i was thousands and. thousands thank you thousands. have arrived. gone i'm left with nothing to live. so i'm all. for precious children. rajeev shoulders. leave it to. choose your language. make of it oh and if. some of. the consensus here. to the opinions that in the great book. choose the stories that imply the life truth be access to your offspring. good leverage or. was able to build a new most sophisticated robot which fortunately doesn't give a darn about anything tim's mission to teach creation why it should
it's in the past decade and in two thousand and eight paid taxes had a rate. waiting for it. one person that i was i was i. was. kind of the kind i was immaculate nearly guided me occupied i think i was i. wasn't yet kind of the one percent at eighty one but that about is the twenty five years of the nothing but grief. we've been working people. seem to hit the button this is probably a good thing that we could put up with. that at night but not unless i thought of the things we would be like...
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self-imposed costs from society i will cut myself i want to tax my brother. going to be. the cause of my anger and my frustration. that up. to. two of the most violent gangs in u.s. history. is just all model killing to kill with colors matching the national flag. of this country uses violence when it reaches and then it legitimizes the. made in america on the oxy. do we speak your language anybody will not be in. the music programs and documentaries in spanish more matters to you breaking news a little tonnage of angola's kidneys stories. for you here. in detroit i'll teach spanish to find out more visit eye to eye all tito it's calm . you know sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom hartman welcome to the big picture. choose your language. of holy week you know if you have any real plan today still to come on. choose the news the consensus here and again choose the opinions that invigorate
self-imposed costs from society i will cut myself i want to tax my brother. going to be. the cause of my anger and my frustration. that up. to. two of the most violent gangs in u.s. history. is just all model killing to kill with colors matching the national flag. of this country uses violence when it reaches and then it legitimizes the. made in america on the oxy. do we speak your language anybody will not be in. the music programs and documentaries in spanish more matters to you breaking news...
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efforts in the past decade and in two thousand and eight paid taxes had a rate. waiting for it. one person that it was. was that it was. because of the time it was immaculate was merely to me like you. think i wasn't i wasn't i. wasn't yes thank you but one could send out if you want but that about it don't think the twenty five years of the nothing but pretty. we've been working people. seem to put people in this little bit they simply put up with the management that night but not like i was out of the place they could be but this is thank you thank you thank you thank you thank you thank you i was i was you i was my was was thousand to six thousand i was thousand. two thousand was i. do we speak your language does anybody. news programs and documentaries in spanish matters to you breaking news a little turn to angles stories. here. to ensure i'll teach spanish find out more visit. join me on a journey to the heart of the problem to a place is hidden from the tourists you're going to meet some real credible insiders although they may not be the usual news makers you see on t.v.
efforts in the past decade and in two thousand and eight paid taxes had a rate. waiting for it. one person that it was. was that it was. because of the time it was immaculate was merely to me like you. think i wasn't i wasn't i. wasn't yes thank you but one could send out if you want but that about it don't think the twenty five years of the nothing but pretty. we've been working people. seem to put people in this little bit they simply put up with the management that night but not like i was...
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tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal and another $500 billion in other circumstances. so there still has been in our circumstance here in washington in the obama time a lot more cutting than revenue raising. >> john: alex, let in go over to you. why can't we get a deal done on the deficit? is it that republicans refuse to raise taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make
tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal...
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Jan 21, 2013
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he says his current tax rate is over 60%. check it out, this cat in england seeing snow for the fist time ever. fletcher can't get enough of it. as if he's trying to catch it. very cute. steve? >> steve: thanks. we've been talking about it all morning. the president is expected to emphasize the need for common ground in washington in his inaugural speech today, which is also what he promised four years ago. >> we come to preclaim an end to the petty grievances and false promises, the recriminations and worn out dogmas that for far too long have strangled our politics. >> steve: joining us is fox news legal analyst peter johnson, jr. we sat in these chairs four years ago. has he kept that promise? >> i think today is a day for new beginning, steve. in some ways he has not kept those promises. this is a at this of great anticipation. it's momentous in our american pageant. it's a day when we say that common ground is the most important part of our lives. common ground, though, means yielding ground. common ground doesn't merely
he says his current tax rate is over 60%. check it out, this cat in england seeing snow for the fist time ever. fletcher can't get enough of it. as if he's trying to catch it. very cute. steve? >> steve: thanks. we've been talking about it all morning. the president is expected to emphasize the need for common ground in washington in his inaugural speech today, which is also what he promised four years ago. >> we come to preclaim an end to the petty grievances and false promises,...
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the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big deal. >> yeah. >> for washington, d.c. for many reasons. >> big-time fun. you get crowds in town. i wrote this in a column last week. you get typically more than the average summer tourist. >> that's no knock over the americans who come here over the summer but you typically get a perceived more educated more sophisticated crowd belichick more politically aware. >> and people in the interest of having a good time. and that's sort of the difference between the average tourist season and inauguration is a lot of people are in a better mood. it makes things more fun when you are out and about on the town. >> peo
the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big...
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you have to pay back taxes and fines. you have to have been here for a significant period of time. know english and be assimilated. if you do all of those things what you get is a work permit basically a legal status, not a green card to allow you to be in this country legally and to work. >> bill: get a driver's license, insurance. >> you will be legally here. basic a nonpermanent vista. >> bill: on social security? >> under that status no one qualifies for any federal benefits. >> bill: all you get is the right to work. the right to have a driver's license, the right to stay here. >> that's the first part of it you have to be in that category for a significant period of time. when a significant period of time has elapsed you haven't violated any of those conditions, and, in fact, the border has been secured, thework place mechanism is in place all of that happens that would trigger a second phase. that second phase is this. all you would get at that point is the opportunity to apply for the existing legal immigration system. >> bill: but you could still be here to do it? >> while
you have to pay back taxes and fines. you have to have been here for a significant period of time. know english and be assimilated. if you do all of those things what you get is a work permit basically a legal status, not a green card to allow you to be in this country legally and to work. >> bill: get a driver's license, insurance. >> you will be legally here. basic a nonpermanent vista. >> bill: on social security? >> under that status no one qualifies for any federal...
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he didn't fight hard enough for the tax hikes on the wealthy. well, guess what people this is the way government works as mac jagger so poetically put it. joining us tonight from miami via skype to discuss the ivory soap liberals also known as the purity caucus is grunwald. michael grunwald. michael is "time" magazines' senior national correspondent and he is the author of the book "the new deal." welcome back inside "the war room," michael. >> thanks for having me governor. >> jennifer: you can written that there are three categories for diseffected progressives ivy soap liberals choice your own issue liberals and the others. break them in down for us. >> the ivory soap is 99.44% pure is never good enough. right? yeah okay you got gays to serve openly in the military but why did it take you two years? yeah, you have launched a clean-energy revolution and doubled a bill but they don't understand that change that doesn't pass congress doesn't make change. and obama never presented himself as a classic paio liberal. and then choose your own progre
he didn't fight hard enough for the tax hikes on the wealthy. well, guess what people this is the way government works as mac jagger so poetically put it. joining us tonight from miami via skype to discuss the ivory soap liberals also known as the purity caucus is grunwald. michael grunwald. michael is "time" magazines' senior national correspondent and he is the author of the book "the new deal." welcome back inside "the war room," michael. >> thanks for...